Connect with us

Professional Tax Telangana

Monthly Income (INR) Tax per month (INR)
Up to ₹. 15000 Nil
From ₹. 15001 to ₹. 20000 ₹.150
Above ₹. 20001 ₹. 200
Payment Due Date :10th Of Every Month
Website : www.tgct.gov.in

Documents required

  1. Memorandum Of Association
  2. Articles Of Association
  3. PAN Card
  4. Lease Agreement
  5. Employer Address Proof and ID Proof and photos
  6. Board resolution for authorized signatory
  7. No of directors and Photos and Proof of Residence of proprietor, Managing Partner, Managing Director, authorised person [Aadhaar]
  8. No of employees
  9. Registration fees of Rs 2,500 per director
  10. Bank Details with Cancel Cheque
  11. Sale deed / Rental agreement / Lease Deed / No objection certificate in case of Rent Free for “Additional places of Business” (1st & last pages)

Forms

  1. Application for RegistrationForm I
  2. Application for Certificate of Enrollment/Revision of Certificate of Enrolment under the Andhra Pradesh Tax on Professions, Trades, Callings, and Employments Act, 1987.Form II
  3. Certificate to be Furnished by a Person to his EmployerForm III
  4. Certificate to be furnished by a Person who is simultaneously engaged in Employment of more than one EmployerForm IV
  5. Returns of Tax Payable by Employer under sub-section (1) of Section 7 of the Andhra Pradesh Tax on Professions, Trades, Callings, and Employments Act, 1987Form V
  6. Paying-in slip for making Payment to the Collecting Agents The A.P. Tax on Professions, Trades, Callings, and Employments Act, 1987.- Form VI
  7. Receipt for the amount of tax, Interest and Penalty under the Andhra Pradesh Tax on Professions, Trades, Callings, and Employments Act, 1987 credited to the Government Treasury by the Collecting Agent.-Form VII
  8. Appeal/Revision application against an Order of Assessment Appeal Penalty Interest.-Form XII
  9. Claim for Refund.-Form XV

Exemptions

  • Any individual whose salary does not seem to exceed Rs.1000/- per month, individuals in professions whose yearly income does not exceed Rs.12000/- and traders whose annual turnover does not exceed Rs.1,00,000 are exempt from the payment of Profession Tax.

Consequences

  • If a taxpayer fails to pay off any amount of tax within the specified time limit, the assessing authority may impose a penalty which will be not above fifty per cent of the tax amount payable.

Let's grow together

Our Vision is to Empower HR professionals working in Small and Medium Enterprises by publishing authentic and validated content related to Human Resource management. This will help HR professionals to have access of authentic documents across complete employee life cycle management published by HR subject matter experts. Pls. put across your questions to team of experts and learn from the best in the business and Lets grow together.